
A more than 17% jump in SpaceX’s share price briefly lifted the company above Amazon and Microsoft in Yahoo’s corporate rankings, helping drive Forbes’ estimate of Musk’s net worth to a record level.
Elon Musk’s personal wealth briefly reached a record $1.4 trillion in Forbes’ billionaire ranking as SpaceX’s valuation climbed to nearly $2.93 trillion after a more than 17% share-price jump. Yahoo data showed the rally briefly pushed SpaceX ahead of Amazon and Microsoft in global corporate rankings, underscoring how rapid moves in private-company valuations can quickly reshape both corporate standings and billionaire wealth estimates.